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R40,000,000

Monthly Bond Repayment R386,008.66
Calculated over 20 years at 10.0% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

BLOCK OF 22 APARTMENTS IN GREAT POSITION ON MUSGRAVE ROAD, PERFECT FOR STUDENT ACCOMMODATION

Main Building:
10 x 2.5 bed flats +-110sqm
10 x 1.5 beds flats +-90sqm
2 x 1 bed flats +-55sqm
2 x Store Rooms

Back Yard:
15 single lock -up garages (easily convertible into rooms)
1 Store Room (size of single garage)
lots of parking space

5 domestic's quarters
2 kitchenettes
2 ablutions

Large space to extend buildings (by approximately 1000 sqm) to the maximum allowed of 3220 sqm floor space (FAR 1.0)

Perfect for Student Accommodation (DUT just a short walk away) or a Retirement Home.

In terms of requirements up to 350 Students can be accommodated on these premises.

Features

0
0
15
Exterior
Garages
15
Domestic Accommodation
5
Sizes
Land Size
3,220m²

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R
R

Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

386,008.66

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